Only 20 countries, led overwhelmingly by the United States, are responsible for nearly 90 percent of the carbon-dioxide (CO2) pollution threatened by new oil and gas fields and fracking wells planned between 2023 and 2050. If this oil and gas expansion is allowed to proceed, it would lock in climate chaos and an unlivable future.
This new report, titled Planet Wreckers: How 20 Countries’ Oil and Gas Extraction Plans Risk Locking in Climate Chaos, is released days ahead of United Nations Secretary-General António Guterres’ Climate Ambition Summit in New York City. Guterres has called for countries to show up with commitments to stop oil and gas expansion and plan a phase out of existing production in line with the 1.5°C limit.
— source priceofoil.org | Sep 12, 2023